Alonso buys World Tour professional cycling team 2 September, 2013 Fernando Alonso is a keen cyclist Formula 1 World Champion Fernando Alonso is poised to become the partner owner of a professional cycling team. On Sunday, the Ferrari driver sent the ‘Twittersphere’ into a frenzy when he announced that “important news” would shortly be announced. Some wondered if he would announce a switch to Red Bull, confirm Kimi Raikkonen as his next teammate, or perhaps reveal his engagement to Russian model girlfriend Dasha. Actually, specialist cycling media outlets on Monday said that Alonso, a road cycling and fitness enthusiast, has bought the Spanish World Tour team Euskatel-Euskadi. El Periodico said that Alonso and his sponsors will fund a € 6 million budget for 2014 for the team, which was set to fold at the end of this year. Euskaltel-Euskadi, from the Basque region, released a statement confirming the agreement with Alonso, adding that more information will be forthcoming. (GMM) Subbed by AJN. Tweet Related NewsCan Vettel emulate Schumacher’s success at Ferrari?Massa: Kimi’s problem is psychologicalVideo: Ferrari tribute for birthday boy RaikkonenRaikkonen staying at Ferrari amid Alonso departure reportsMarchionne: We’ve got to kick some ass and quicklyMontezemolo: Fernando is leaving Ferrari for two reasonsMontezemolo: The least I expected was a thank youDomenicali joins Audi, will Alonso follow?Berger surprised by Vettel move to FerrariMattiacci: Engine freeze against principles of F1 Faceman All because Ferrari offered to fund Kimi’s motocross and snowcross teams, lol…. oh and so Luca knows Alonso is capable of leaving F1 just to spite him. Just like Kimi…. the last Ferrari WDC. Rey Rodrigo Sanchez line up contador to that team…cheers!